Creating a dictionary – the editors' point of view Axel Beer, Martin Herles Vienna, April 7, 2011

Creating a dictionary - the editors point of view Agenda Intro Role of dictionaries Project genesis First steps Examples Project seminar Conclusion

Analyzing and optimizing business communication Linguistic Foundations: Theory and Methodology Business Discourse Business and Economic Terminology Cultural Studies & Language Learning Research Areas

Creating a dictionary - the editors point of view Making a case for terminology Increased efficiency Terminology makes communication between specialists more efficient. Knowledge transfer Terminology is the main vehicle by which knowledge is represented and conveyed. Avoidance of vagueness Terminology reduces ambiguity and increases clarity.

Creating a dictionary - the editors point of view Corpus-based terminology Use of corpora to capture, validate and expand data Machine-readable corpora facilitate and enhance terminology work (previous editions not corpus- based) "Virtual corpus" a great variety of reliable sources different text types

Creating a dictionary - the editors point of view Role of dictionaries History Monolingual vs bilingual Online vs paper-based Prescriptive vs. descriptive LSP dictionaries

Creating a dictionary - the editors point of view Project genesis

Creating a dictionary - the editors point of view First steps Stucture of old dictionary: general business dictionary broken down by category occasional definitions Select relevant categories Start revision

Creating a dictionary - the editors point of view Key questions Does the term exist? Is the German translation correct? Are there any (English or German) synonyms? Is the definition correct and clear?

Creating a dictionary - the editors point of view Outdated terminology – interesting examples lamb Londonfurter red buttons

Creating a dictionary - the editors point of view Example – BLOCK TRADING/I block Wertpapierpaket n (oft mehr als Aktien bzw mindestens $ in Schuldverschreibungen). positive about English term and German translation doubts about the definition: the size of a block depends on the security in question additional German translation block Wertpapierpaket n, Paket n (zB Aktien oder Schuldverschreibungen).

Creating a dictionary - the editors point of view Example - BLOCK TRADING/II block discountPaketabschlag m. questions about completeness and consistency: what about the term blockage premium? additional definitions block discountPaketabschlag m (Preisnachlass bei Kauf eines Wertpapierpakets). block premiumPaketzuschlag m. blockage discountPaketabschlag m (Preisnachlässe bei Kauf eines Wertpapierpakets). block premiumPaketzuschlag m (Preisaufschlag bei Kauf eines Wertpapierpakets).

Creating a dictionary - the editors point of view investment bank "a bank which deals with the underwriting of new issues, and advises corporations on their financial affairs" Dictionary of Accounting Example – INVESTMENT BANK/I "a bank the particular function of which is the provision of long-term equity and loan finance for industrial companies" Collins Dictionary of Economics

Creating a dictionary - the editors point of view Example – INVESTMENT BANK/II investment bankInvestitionsbank f, Investmentbank f, Emissionsbank f, Anlagebank f. 2 different concepts investment bank 1 investment bank 2 Investitionsbank f (zB Europäische Investitionsbank). Investmentbank f, Emissionsbank f, Effektenbank f.

Creating a dictionary - the editors point of view Context is king inception long bond loss resulting from translation flipper banger

Creating a dictionary - the editors point of view IAS/IFRS EXAMPLES

Creating a dictionary - the editors point of view Omissions IAS 32 /AG 19 E: including interest rate and currency swaps, interest rate caps, collars and floors D: einschließlich Zins- und Währungsswaps, Collars und Floors

Creating a dictionary - the editors point of view Errors? IAS 36 / App. A1 E: represented by the current market risk-free rate of interest D: der durch den risikolosen Zinssatz des aktuellen Markts dargestellt wird

Creating a dictionary - the editors point of view Changes over time IFRS 1 / App.B2 (c) (i) originally (Jan 2008) minority interests from June 2009: non-controlling interests from October 2009 whole appendix is gone term non-controlling interests remains

Creating a dictionary - the editors point of view Inconsistencies/I IAS 37 /23 The interpretation of probable in this standard as more likely than not does not necessarily apply in other standards.

Creating a dictionary - the editors point of view Inconsistencies/II IAS 37 Provisions, Contingent Liabilities and Contingent Assets Rückstellungen, Eventualschulden und Eventualforderungen but: IAS 32 /AG 25 reserves Rückstellungen

Creating a dictionary - the editors point of view Multiple translations/I unrecognised IAS 19: nicht erfasst IAS 19: unberücksichtigt IAS 12: nicht bilanziert IAS 12: nicht angesetzt IAS 12: nicht berücksichtigt

Creating a dictionary - the editors point of view Multiple translations/II Berichtsperiode period annual period reporting period current year current period paraphrased: o die jeweilige Verpflichtung am Ende einer Berichtsperiode o the closing obligation

Creating a dictionary - the editors point of view Standards? Although this Standard uses the terms other comprehensive income, profit or loss and total comprehensive income, an entity may use other terms to describe the totals as long as the meaning is clear. For example, an entity may use the term net income to describe profit or loss.

Creating a dictionary - the editors point of view Project seminars Corpus-based research Word lists Collocations Check against existing entries Find definitions/sample sentences Find matching German expressions OUTPUT: -> 1,800 potential additional entries per seminar

Creating a dictionary - the editors point of view Once finished… roughly 20,000 headword entries each among most comprehensive bilingual finance/accounting dictionaries wide range of definitions of complex terms/concepts unique coverage of specific areas such as foreign exchange terminology

Creating a dictionary - the editors point of view Conclusion A man will turn over half a library to make one book. Samuel Johnson